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underwater house

One in 10 Mortgaged Properties Are Seriously Underwater

More than 5.5 million residential properties with a mortgage, or 10.1 percent of this housing...Read more
Seattle-based HomeStreet Bank is selling a portion of its single-family mortgage servicing rights (MSR) to Matrix Financial Services Corp.

HomeStreet Bank Sells 20 Percent of MSRs to Matrix Financial

Seattle-based HomeStreet Bank is selling a portion of its single-family mortgage servicing rights (...Read more
Black Knight Inc. has introduced LoanSphere Servicing Digital, a solution to help mortgage servicers deepen customer relationships and increase retention

Black Knight Launches Consumer-Focused Solution for Servicers

Black Knight Inc. has introduced LoanSphere Servicing Digital, a solution to help mortgage...Read more
Ocwen has announced that its Board of Directors has appointed John V. Britti as interim Chief Executive Officer (CEO)

Ocwen Names Britti Interim CEO

Ocwen has announced that its Board of Directors has appointed John V. Britti as interim Chief...Read more
Ocwen Financial Corporation has announced that Executive Vice President and Chief Financial Officer Michael Bourque has resigned

Ocwen CFO Michael Bourque Announces His Resignation

Ocwen Financial Corporation has announced that Executive Vice President and Chief Financial Officer...Read more
Altavera Mortgage Services has announced that it is rebranding under a new name: Credit Risk Solutions LLC

Altavera Mortgage Announces Name Change

Altavera Mortgage Services has announced that it is rebranding under a new name: Credit Risk...Read more
Ocwen Financial Corporation has appointed Dr. Jenne K. Britell and Kevin Stein to its Board of Directors

Ocwen Names Glen Messina President and CEO

Ocwen Financial Corporation has announced that its Board of Directors has appointed Glen A. Messina...Read more
RoundPoint Mortgage Servicing Corporation has announced it has replaced two of its existing debt facilities with a new, $650 million facility. Under the new facility, the credit commitment has increased by over $300 million

RoundPoint Mortgage Servicing Adds Five New Execs

RoundPoint Mortgage Servicing Corporation (RPMS) has added five executive-level mortgage servicing...Read more
Ocwen Financial Corporation has announced that in 2017, the company helped approximately 45,650 families avoid foreclosure and remain in their homes

Ocwen Helps 45,000-Plus Families Avoid Foreclosure in 2017

Ocwen Financial Corporation has announced that in 2017, the company helped approximately 45,650...Read more
As of June 2018, Pennsylvania non-bank mortgage loan servicers have to get licensed in order to operate in the state

Pennsylvania Mortgage Servicers Now Required to Get Licensed and Bonded

As of June 2018, Pennsylvania non-bank mortgage loan servicers have to get licensed in order to...Read more

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